TechCrunch

JULY 2, 2022

The Israel-based startup Notch is trying to see if insuring creators against Instagram hacks could offer a solution. TechCrunch reviewed a sample insurance policy, which quoted a $459 annual fee (or about $38 a month) for insurance that pays out $244 for each day that a creator can’t get into their account after a hack.

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CIO

JULY 31, 2023

Natural disasters have been increasing in frequency, severity, and diversity in recent years, pressuring insurers to be more efficient and to anticipate event and claim fallout. Second, RDA addresses post-NatCat planning to help insurers’ prioritize property inspections. trillion. “If

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TechCrunch

APRIL 12, 2022

Processing claims at scale presents a challenge for insurers, particularly where the claims entail factors like complex underlying health conditions. A growing cohort of startups including Alan, Tractable and Snapsheet offer tools to help customers navigate through the insurance claims process. ” Accelerating insurance claims.

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CIO

NOVEMBER 18, 2024

Traditionally viewed as rock-solid and steady, the insurance industry is not exactly associated with taking big risks. Gray Nester, CIO, Brown & Brown Insurance Gray Nester / Brown & Brown Some, like BBNI’s Technology Solutions Group, are being renamed and restructured to orchestrate greater immersion in the business.

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Tenable

MAY 13, 2024

Does your organization currently have a cyber insurance policy? Without it, you are missing a critical piece of a holistic security strategy. This has led to expensive claim payouts by cyber insurance providers, and, ultimately, higher premiums for customers.

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TechCrunch

JUNE 3, 2022

Saket Modi is the co-founder and CEO of Safe Security, a cybersecurity and digital business risk quantification platform company. Today’s cybersecurity landscape requires an agile and data-driven risk management strategy to deal with the ever-expanding third-party attack surface. Saket Modi. Contributor. Share on Twitter.

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TechCrunch

FEBRUARY 7, 2023

“The opportunity for entrepreneurs in real estate tech across search, listings, mortgage, insurance, construction and sustainability is the kind that shows up once a generation.” Cybersecurity teams, beware: The defender’s dilemma is a lie Image Credits: A. What’s wrong with the way they are currently solving this problem?

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TechCrunch

JANUARY 24, 2022

Insurance broker and carrier marketplace Sayata took in $35 million in additional funds toward its Series A after raising $17 million in funds last August. Founded two years ago, the company offers a way for small and medium businesses to secure insurance. Securing business insurance takes a big chunk of a broker’s day.

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N2Growth Blog

OCTOBER 12, 2023

Crafting the Future: The Significance of Selecting the Right Insurance Executive In today’s fast-paced and ever-evolving business environment, securing the right insurance executive is more than a mere hiring decision —it’s a pivotal investment in the company’s future.

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Tenable

JULY 29, 2020

Build a comprehensive defense of against cyberattacks with a strong information security framework that leverages the world's best standards and infosec tools. . ISO 27001: Developed around a risk-based approach to information security, in which you continuously identify hazards and select controls to properly address them.

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CIO

DECEMBER 1, 2022

For over 130 years, Hastings Mutual Insurance Company has served and protected its clients throughout the Midwest. In its push to modernize, the regional insurance provider also believed updating its client viewing system to provide a more intuitive, user-friendly experience would benefit its customers and employees alike.

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TechBeacon

OCTOBER 4, 2021

Boards of directors and top brass at companies sometimes look at cyber insurance as a way to plug gaps in their security schemes. That’s going to be a lot harder from now on because insurance companies have started tightening up their cybersecurity requirements for initiating and renewing policies.

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Tenable

JANUARY 26, 2024

1 - Using AI securely: Global cyber agencies publish new guide Is your organization – like many others – aggressively adopting artificial intelligence to boost operational efficiency? If so, you might want to check out a new guide published this week about how businesses can use AI securely. So says the U.K.

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CIO

JUNE 28, 2023

Zero Trust adoption is accelerating, with over half of organizations reporting they have adopted Zero Trust Security, according to research independently conducted by leading security research firm Ponemon Institute, sponsored by Hewlett Packard Enterprise. What’s driving the adoption of Zero Trust Security?

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CIO

JUNE 19, 2023

“The pandemic and the aging population and growing population really put very high stress on every healthcare system, and Atlantic Health was no exception,” says Sunil Dadlani, chief information and digital officer and chief cybersecurity officer at the New Jersey-based nonprofit healthcare network.

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Tenable

JULY 26, 2023

Cyber insurance has become a necessity, and the cost and effort to obtain it can be considerable. Check out the invaluable advice from a panel of experts from the insurance, legal and cybersecurity fields. Cyber insurance has increased in popularity, going from a “nice to have” to a “must have” for many organizations.

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TechCrunch

MARCH 13, 2023

Mercury , a startup that provides banking services for other startups, is offering customers expanded FDIC insurance of up to $3 million via a new product in the wake of Silicon Valley Bank’s collapse. That’s 12x the industry standard for institutions of $250,000 in FDIC insurance that other institutions offer. invested in U.S.

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Tenable

JUNE 14, 2024

Check out the NCSC’s call for software vendors to make their products more secure. And the latest on the cybersecurity skills gap in the U.S. 1 - NCSC issues “code of practice” for software makers Software vendors improve the security of their products. And much more! That’s the goal of the U.K. The document from the U.K.’s

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TechCrunch

JANUARY 23, 2023

Coverdash , providing small businesses, e-commerce merchants and gig-economy workers with insurance, launched its product in all 50 states after closing over $2.5 The company secured 35 of these partners pre-launch, Betesh told TechCrunch. Coverdash’s insurance policy dashboard. million in seed capital.

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CIO

JULY 18, 2024

Despite the importance of the mainframe, it has been neglected over the years with organizations focusing on perimeter security. According to Gartner , IT security software is the top purchase category (28%) for those buying IT-related software. But only eight percent of those buyers are purchasing IT management software.

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Tenable

DECEMBER 29, 2023

The new year is upon us, and so we ponder the question: What cybersecurity trends will shape 2024? Their 2024 forecasts include: A bigger security role for cloud architects; a focus by ransomware gangs on OT systems in critical industries; an intensification of IAM attacks; and much more!

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CIO

MAY 31, 2023

With the rise of generative AI, it was inevitable that it would become an unofficial subtheme of CSO’s Future of Cybersecurity Summit. More importantly for our CSO audience, the security aspects have also risen to the forefront. And yet it still very much fits in with the event’s official theme: smart choices in a fast-changing world.

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TechCrunch

OCTOBER 5, 2021

The average penetration rate for insurance in Africa is between 3% to 5%. The insurance market is still one of the industries least disrupted by technology on the continent. million seed round to provide insurance services for Egyptians. El Tohfa says the reason is that insurance companies do not prioritize individuals.

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TechCrunch

FEBRUARY 2, 2022

African countries are yet to catch up with social security and safety programs commonly used in the West, where the government provides health insurance and unemployment benefits to citizens. The general perception of insurance on the continent has been bland for years, and its penetration rate, except South Africa, is subpar.

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TechCrunch

MAY 16, 2023

The funding amount isn’t going to impress anyone as the company managed to secure $55 million. In addition to this traditional equity investment, Wefox also secured $55 million in a revolving credit facility from JP Morgan and Barclays. As a reminder, Wefox sells insurance products through in-house and external insurance brokers.

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CIO

FEBRUARY 20, 2024

Sensitive personal and medical information can be used in multiple ways, from identity theft and insurance fraud to ransomware attacks. The good news is that AI can be used to improve security. Used well, AI can also boost the security posture of healthcare organisations.

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TechCrunch

AUGUST 4, 2022

Axio , a platform for cybersecurity risk evaluation, today announced the closure of a $23 million Series B round led by Temasek’s ISTARI, with participation from investors NFP Ventures, IA Capital Group and former BP CEO Bob Dudley. Image Credits: Axio.

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CIO

JANUARY 19, 2024

According to Deep Instinct’s research , 75% of security professionals observed an increase in cyberattacks in 2023, with 85% of them attributing the rise to generative AI. Changes to social expectations surrounding privacy have led to individuals wanting transparency and security from the entities that collect and process our data.

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CIO

OCTOBER 31, 2024

Many businesses are now requiring employees to update payment information through secure portals rather than relying on email communications, which reduces the chance of falling victim to an attack. In cases where the victim cannot recover funds, it’s essential to have insurance policies in place to mitigate the financial loss.

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Tenable

JANUARY 12, 2024

Check out expert recommendations for deploying AI tools securely. In addition, cyber insurance demand is forecast to grow robustly. 1 - How to ensure AI helps, not hurts, cybersecurity How can organizations use artificial intelligence (AI) in a way that’s safe and that benefits cybersecurity? And much more!

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Tenable

OCTOBER 2, 2023

Department of Homeland Security’s “Homeland Threat Assessment 2024” report? What’s with the surge in cyber insurance claims and what does ransomware have to do with it? We’ve got you covered in this week’s edition of the Tenable Cyber Watch, our weekly video news digest highlighting three cybersecurity topics that matter right now.

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TechCrunch

AUGUST 24, 2021

Back in 2015, researchers Charlie Miller and Chris Valasek remotely hacked into a Jeep Cherokee driven by a Wired reporter , Andy Greenberg, in an attempt to warn the auto industry of potential pitfalls in their software and inspire legislation around automotive cybersecurity. Upstream Security reels in $9M Series A to protect connected cars.

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TechCrunch

FEBRUARY 2, 2021

TrustLayer , which provides insurance brokers with risk management services via a SaaS platform, has raised $6.6 Twenty of the top 100 insurance agencies in the U.S. (as BrokerTech Ventures (BTV), a group consisting of 13 tech-focused insurance agencies in the U.S. million in a seed round.

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TechCrunch

SEPTEMBER 15, 2021

million seed round to further its insurance payments platform that combines financing, collections and payables. While working with insurance companies they recognized how fast the insurance industry was modernizing, yet insurance sellers still struggled with customer experiences due to outdated payments processes.

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TechCrunch

JANUARY 27, 2022

Four months after a seed round, Ascend is back with its first big boost to enable the company to expand its “buy now, pay later” commercial insurance tool that combines financing, collections and payables. Its technology revolves around payments APIs that automate end-to-end insurance payments.

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TechCrunch

SEPTEMBER 19, 2022

The Indian capital market regulator has moved Digit’s IPO application to “abeyance,” it said in what is a disappointing development for the online insurer’s plan to go public. Indian market regulator puts insurer Digit’s $440 million IPO in ‘abeyance’ by Manish Singh originally published on TechCrunch.

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CIO

AUGUST 10, 2023

CIOs have been sued for allegedly accepting kickbacks from companies that their home companies had contracted with, and for failing to secure data that resulted in a major data breach. But does your company have liability insurance for its executives? No, it does not. “D&O

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